401(k) · DOL Form 5500 · 2023
United Bankshares, Inc. 401(k) Plan
Data updated 2026-08-25
- $228M
- Total assets Near avg plan size
- 2,740
- Participants Above avg headcount
- 95th
- Percentile by assets National rank
- $83,182
- Avg per participant Below avg balance/head
Official DOL plan name: United Bankshares, Inc. Savings and Stock Investment Plan · Sponsored by United Bankshares, Inc. · West Virginia · Finance & Insurance
$228M in assets, 2,740 participants
United Bankshares, Inc.'s United Bankshares, Inc. Savings and Stock Investment Plan reported $228M in total assets and 2,740 participants in its 2023 DOL Form 5500 filing, ranking in the 95th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.
- #8,182 in Finance & Insurance (8,869 peers)
Coverage in West Virginia
United Bankshares, Inc. Savings and Stock Investment Plan covers 2,740 participants in West Virginia, 5.9x the typical West Virginia plan (state average ~467 per filing). Assets: $228M.
- #8,182
- in Finance & Insurance (8,869 peers)
- +13.0%
- assets growth YoY
- 2.3×
- vs typical plan assets (national mean)
United Bankshares, Inc. Savings and Stock Investment Plan's outsized position by total assets
United Bankshares, Inc. Savings and Stock Investment Plan vs every filed plan by assets
End-of-year total assets · plan year 2023 · DOL Form 5500
$227,919,168 Top 5% higher than 95% of 127,068 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023
United Bankshares, Inc. Savings and Stock Investment Plan's large-plan peer group by participant headcount
Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. United Bankshares, Inc. Savings and Stock Investment Plan lands in the large band (2,740 participants).
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- United Bankshares, Inc. Savings and Stock Investment Plan reported net income rose from -$5M in the plan year 2022 filing to $26M in the plan year 2023 filing.
- United Bankshares, Inc. Savings and Stock Investment Plan end-of-year assets rose from $202M in the plan year 2022 filing to $228M in the plan year 2023 filing.
- United Bankshares, Inc. Savings and Stock Investment Plan reported participants fell from 2,978 in the plan year 2022 filing to 2,740 in the plan year 2023 filing.
EBSA filing schedule strip
Filing strip 550641179 · United Bankshares, Inc. PY 2023 · 401(k)
United Bankshares, Inc. Savings and Stock Investment Plan · $228M · 2,740 · 95th
- BOOK $228M
- VS-ST 2,740
- BOY 95th
- SCH 401(k)
- EBSA near Powell Industries, Inc. Employees Incentive Savings Plan
- PART ind #8182
Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Finance & Insurance retirement plans → · Plans in West Virginia →
United Bankshares, Inc. Savings and Stock Investment Plan in the asset neighbourhood
West Virginia filing particulars
| Total Assets (Beginning of Year) | $202M |
|---|---|
| Net Assets (End of Year) | $228M |
| Net Income | $26M |
| Employer EIN | 550641179 |
| Plan Effective Date | 1989-12-29 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (United Bankshares, Inc.)
Sponsor-wide plan assets over time
All United Bankshares, Inc. plans reported in each filing year
- Latest sponsor-wide plan assets
- $432M 17.645286882814194% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 2 | 3,322 | $367M |
| 2023 | 2 | 3,050 | $402M |
| 2024 | 2 | 2,841 | $432M |
Nearby 401(k) Plans in West Virginia
Peer 401(k) plans, same state, same plan type, ranked by total assets.
- Orrick, Herrington & Sutcliffe LLP Retirement Plan $1.1B · 1,878
- Camc Health System Basic Retirement Plan $719M · N/A
- American Public Education Retirement Plan $259M · 5,728
- West Virginia University Health System 401(k) Plan $255M · 2,525
- Wesbanco, Inc. 401(k) Plan $212M · 2,359
United Bankshares, Inc. Savings and Stock Investment Plan's out-of-state 401(k) peers by assets and headcount
Outside West Virginia, the nearest 401(k) by assets is Powell Industries, Inc. Employees Incentive Savings Plan in TX ($228M); by covered participants it is Eataly 401(k) Plan in NY (2,741 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($228M here).
- Powell Industries, Inc. Employees Incentive Savings Plan (TX) $228M · 1,536
- First Tech Federal Credit Union Employees Qualified Savings Plan (OR) $228M · 1,670
- Zachry Corporation Employees 401(k) Plan (TX) $228M · 2,246
- Consumers Reports 401(k) Plan for Management and Exempt Employees (NY) $228M · 316
Similar participant headcount
Nearest other-state filings by covered participants (2,740 participants); asset peers above are excluded.
- Eataly 401(k) Plan (NY) 2,741 · 1 off
- Maclean-Fogg Company Profit Sharing and Savings Plan (IL) 2,741 · 1 off
- Mhi Shared Services Americas Inc. 401(k) Plan (TX) 2,738 · 2 off
- The Cato Corporation 401(k)/Profit Sharing Plan (NC) 2,737 · 3 off
DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.